Common use of PST/457 Deferred Compensation Retirement Clause in Contracts

PST/457 Deferred Compensation Retirement. Plan‌ Part-time (less than 0.50 FTE) employees who are hired on or after October 1, 1991, shall participate in the PST/457 Deferred Compensation Retirement Plan authorized by Internal Revenue Code Section 457 in lieu of Social Security. The County shall contribute to the employee’s PST/457 deferred compensation account according to the following schedule: Employee County

Appears in 3 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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PST/457 Deferred Compensation Retirement. Plan‌ Part-time (less than 0.50 FTE) employees who are hired on or after October 1, 1991, shall participate in the PST/457 Deferred Compensation Retirement Plan authorized by Internal Revenue Code Section 457 in lieu of Social Security. The County shall contribute to the employee’s PST/457 deferred compensation account according to the following schedule: Employee CountyEMPLOYEE COUNTY

Appears in 1 contract

Samples: Memorandum of Understanding

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PST/457 Deferred Compensation Retirement. Plan‌ Part-time (less than 0.50 FTE) employees who are hired on or after October 1, 1991, shall participate in the PST/457 Deferred Compensation Retirement Plan authorized by Internal Revenue Code Section 457 in lieu of Social Security. The County shall contribute to the employee’s PST/457 deferred compensation account according to the following schedule: Employee County:

Appears in 1 contract

Samples: Memorandum of Understanding

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